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NETGEAR, INC. — Director's Dealing 2022
Aug 3, 2022
32299_dirs_2022-08-03_30a6eb16-33c7-4294-bcbd-1127c2fd9a4c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NETGEAR, INC. (NTGR)
CIK: 0001122904
Period of Report: 2022-08-02
Reporting Person: WERDANN MICHAEL A (SVP, World Wide Sales)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-08-02 | Common Stock | S | 5454 | $25.58 | Disposed | 49042 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) | $18.58 | 2025-06-02 | Common Stock (16) | 16 | Direct |
| Employee Stock Option (Right to Buy) | $23.48 | 2026-03-24 | Common Stock (41) | 41 | Direct |
| Employee Stock Option (Right to Buy) | $25.37 | 2027-06-01 | Common Stock (821) | 821 | Direct |
| Employee Stock Option (Right to Buy) | $41.67 | 2028-01-25 | Common Stock (18000) | 18000 | Direct |
| Employee Stock Option (Right to Buy) | $26.61 | 2029-07-19 | Common Stock (13750) | 13750 | Direct |
Footnotes
F1: The exercise and sale reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 10, 2021.
F2: The price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold. Upon request from the Commission staff, the Issuer, or a security holders of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
F3: 25% of the option grant is exercisable on 6/2/2016, and 1/48 of the option grant is exercisable each month thereafter.
F4: This Option shall be exercisable, in whole or in part, in accordance with the following schedule: 25% of the Shares subject to the Option shall vest twelve months after the Vesting Start Date, and 1/48 of the Shares subject to the Option shall vest each month thereafter, subject to the Optionee continuing to be a Service Provider on such dates.
F5: This Option shall be exercisable, in whole or in part, in accordance with the following schedule: 25% of the Shares subject to the Option shall vest twelve months after the Vesting Start Date, June 1, 2017, and 1/48 of the Shares subject to the Option shall vest each month thereafter, subject to the Optionee continuing to be a Service Provider on such dates.